Hoya Capital High Dividend Yield ETF (NYSEARCA:RIET) Sees Large Decline in Short Interest

Hoya Capital High Dividend Yield ETF (NYSEARCA:RIET) was the recipient of a significant decline in short interest in the month of September. As of September 30th, there was short interest totaling 5,424 shares, a decline of 89.8% from the September 15th total of 53,386 shares. Based on an average trading volume of 98,790 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the shares of the company are short sold.

Hoya Capital High Dividend Yield ETF Stock Performance

Shares of RIET traded down $0.01 during mid-day trading on Friday, hitting $8.30. 30,464 shares of the company traded hands, compared to its average volume of 82,297. The stock has a 50-day moving average price of $9.11 and a two-hundred day moving average price of $9.39. Hoya Capital High Dividend Yield ETF has a 1 year low of $8.21 and a 1 year high of $10.05. The stock has a market cap of $99.02 million, a price-to-earnings ratio of 15.37 and a beta of 1.02.

About Hoya Capital High Dividend Yield ETF

The Hoya Capital High Dividend Yield ETF (RIET) is an exchange-traded fund that is based on the Hoya Capital High Dividend Yield index. The fund tracks an index of 100 high-dividend-paying, US-listed common and preferred stocks of REITs and real estate operating companies. RIET was launched on Sep 21, 2021 and is managed by Hoya.